Ethereum price under more negative pressure – Analysis - 09-08-2018
Economies.com
2018-08-09 04:21AM UTC
Ethereum price touched 358.00 level and presses negatively on it, hinting that the price will face more decline in the upcoming period, as trades organized inside the bearish channel that appears on the chart, which supports the expectations of heading towards 310.00 as a next main station.
Therefore, the bearish trend will remain dominant on the intraday and short term basis unless breaching 425.00 level and holding above it.
Expected trading range for today is between 330.00 support and 400.00 resistance
Expected trend for today: Bearish
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